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Inspire Investing LLC

05/16/2025 | Press release | Distributed by Public on 05/16/2025 04:01

Notice of Exempt Solicitation (Form PX14A6G)

United States Securities and Exchange Commission

Washington, D.C. 20549

NOTICE OF EXEMPT SOLICITATION
Pursuant to Rule 14a-103

Name of the Registrant: Alphabet Inc.

Name of persons relying on exemption: Inspire Investing, LLC

Address of persons relying on exemption: 3597 E Monarch Sky Ln, Suite 330, Meridian, ID 83646

Written materials are submitted pursuant to Rule 14a-6(g) (1) promulgated under the Securities Exchange Act of 1934. Filer of this notice does not beneficially own more than $5 million of securities in the Registrant company. Submission is not required of this filer under the terms of the Rule, but is made voluntarily in the interest of public disclosure and consideration of these important issues.

As part of a coalition of investors and financial professionals, serving thousands of clients and managing/advising on over $250 billion in assets, we, the Undersigned, urge shareholders to vote YES on Proposal Item No. 10 - Report on Risks of Discrimination in Generative Artificial Intelligence submitted by Inspire Investing.

Alphabet is a dominant force in developing and deploying generative AI (GenAI), transforming how people access and interact with information. These technologies increasingly shape critical social, political, and religious discourse. However, Alphabet's use of vague and ideologically driven "misinformation" and "hate speech" policies to guide AI outputs risks suppressing lawful expression and reinforces concerns about political and religious viewpoint discrimination.1 These terms are subjective, encourage discriminatory enforcement against disfavored views, and have been proven to chill speech under well-understood First Amendment principles.2

Alphabet has committed to upholding free speech and freedom of conscience3 and, in its AI Principles specifically, to "avoid creating or reinforcing unfair bias," yet it maintains these policies and has enforced them to restrict output on topics such as abortion, COVID-19, and gender identity under opaque and inconsistently applied rules.4 These actions undermine users' constitutionally protected freedoms and expose the company to legal, reputational, and operational risk.

1 https://policies.google.com/terms/generative-ai/use-policy

2 https://d18rn0p25nwr6d.cloudfront.net/CIK-0001108524/06b54e45-5862-4a46-beb3-a06983935415.pdf

3 https://about.google/intl/ALL_us/human-rights/

4 https://ai.google/static/documents/ai-principles-2023-progress-update.pdf

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This concern is not hypothetical. Meta Platforms recently revised its AI-related content moderation policies in response to pressure from faith-based organizations and individuals.5 Meta explicitly removed language that had been used to justify censorship of disfavored viewpoints. Furthermore, a lawsuit from political commentator Robby Starbuck alleges that Meta engaged in religious and political discrimination, and is seeking $5 million in damages, illustrating the very real legal risks tied to poorly governed AI systems.6

The World Economic Forum recently labeled AI-generated misinformation and disinformation as one of the world's top short-term global risks, increasing pressure on companies like Alphabet to expand censorship, often at the expense of civil liberties.7 Time Magazine, among others, has warned that generative AI should "augment, not replace" human reasoning. Yet, Alphabet's policies too often rely on narrow ideological filters that marginalize religious and traditional perspectives.8

The failure of the Global Alliance for Responsible Media and public backlash to Alphabet's own Gemini platform's racial and historical distortions demonstrate that public trust is eroding. Shareholders need transparency on how Alphabet governs its AI to prevent discrimination and protect long-term value.

Alphabet's opposing statement highlights its AI Principles, model cards, and transparency reports as sufficient measures to address bias and ensure responsible AI development.9 However, these efforts are nothing more than a sop when juxtaposed with its policies and practices that have censored speech and exacerbated bias against disfavored views, as outlined in Proposal Item No. 10. The company's vague "misinformation" and "hate speech" policies, applied inconsistently, continue to raise concerns about ideological bias, as evidenced by restricted outputs on topics like abortion and gender identity. Furthermore, Alphabet's existing reports lack a targeted assessment of how its generative AI systems may disproportionately impact users' civil liberties, leaving shareholders vulnerable to legal, reputational, and operational risks. Public backlash to Gemini's distortions and broader distrust in AI governance underscore the need for greater accountability.

We strongly urge shareholders to vote YES on Proposal Item No. 10-Report on Risks of Discrimination in Generative Artificial Intelligence. This item asks the company to evaluate how its GenAI systems may disproportionately affect individuals based on religion-including religious beliefs-or political opinion and what risks this poses to civil liberties and long-term shareholder value.

Sincerely,

The Undersigned

5 https://www.theverge.com/24339131/meta-content-moderation-fact-check-zuckerberg-texas

6 https://apnews.com/article/robby-starbuck-meta-ai-delaware-eb587d274fdc18681c51108ade54b095

7 https://www.weforum.org/publications/global-risks-report-2025/

8 https://time.com/6835213/the-future-of-censorship-is-ai-generated/

9 https://abc.xyz/assets/7b/19/1cfce14d4a09a8aa9ad8580219b1/pro012701-1-alphabet-courtesy-edgar.pdf, 83.

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Robert Netzly

CEO

Inspire Investing

Bill Flaig

CEO

American Conservative Values ETF

OJ Oleka

CEO

State Financial Officers Foundation

Jerry Bowyer

CEO

Bowyer Research

Jeffrey Presley

President

Mountain PEAK Wealth Advisors

Aaron Moon

President

Inspire Advisors

Tom Strobhar

President

Strobhar Financial

Daniel Wallick

Managing Partner/CIO

Wallick Investments LLC

Nelson Negron

President

Provident Oak Financial, LLC

Matthew Mohlman

President

Monument Advisers

Brent Jackson

Owner, President

Harvest Financial

Carlton Graves

President

Graves & Associates, Ltd.

Joseph James

Vice President

Greater Texas Financial Solutions

Aaron Witten

Managing Member

Witten Financial Services, LLC

Craig Anderson

Owner

Family Focused Financial

Terrence Rocks

Founder/Advisor

Teleios Financial Partners

Michael Gauthier

CEO

Strategic Income Group

Chris Maclellan

Chairman

Maclellan FDN Inc.

Mack Conley

Financial Advisor

Genesis Investments

Matthew Daugavietis

Wealth Advisor

Inspire Advisors

Rick Figueroa

CEO

Patron Partners Wealth Advisors

Johnathan Cunningham

Financial Advisor

Inspire Advisors

Will Odland

Founder, Financial Advisor

Fidelis Financial LLC

Matthew Bonito

Financial Advisor

Upward Management Group

Jacob Chandler

Owner

Chandler Wealth Management Inc.

Aaron Hoffman

Wealth Advisor

Hoffman Wealth Management Group, LLC.

Johnny Yun

Senior Vice President

Yun Wealth Management

Michael Pemberton

Financial Advisor

Strategic Stewardship

John Ruzza

Senior Advisor/CFP

MainStreet Financial Advisors

Bruce Holt

Financial Advisor
UBS

Hunter Dees

Genesis Investments

Luke Andrews

Investment Advisor

Inspire Advisors

Brian S McDowell

Managing Director

Oz Investing Services LLC

David Eck

Wealth Advisor

Oakstreet Financial

Joseph Allen

Financial Advisor

Inspire Advisors

James Jon Benet

Financial Advisor

Triumphant Portfolio Mgmt LLC

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Christopher Hull

Financial Advisor

CFD Investments

Michael Smith

Wealth Advisor

Kingdom Focused Financial

George Williams

Financial Advisor

WSI Financial Partners, LLC

Michael Graef

Financial Planner

Christian Wealth Management

Mark Trice

‍‍‍Financial Advisor

ClearVista Financial

Luke Zumbusch

Financial Advisor

Inspire Advisors

Jay Richardson

Founder

Kingdom Wealth Stewards

Laura Simpson

Financial Advisor

PAX Financial Group, LLC

Derek Mauldin

Financial Advisor

Kingdom Focused Financial

William Haider

Investment Solutions Rep.

Fidelity Investments

Christopher Murray

President

Murray Financial Group

Mary Nelson

Associate Wealth Advisor

Schwab Wealth Advisory

Brent Hoffman

Financial Advisor

Fifteen:22 Financial Partners

Terry Prather

Wealth Advisor

United Capital Financial Advisors

Matthew Baldini

Wealth Advisor

Inspire Advisors-The Chandler Team

Thad Allen

Financial Advisor

Smith Moore & Co.

Ron Harczak

CFP, CKA, Principal

Steward Guide Wealth Partners

Derek Hastings

Financial Advisor

Inspire Advisors

Chris Pagotto

Client Portfolio Manager

Kingdom Focused Financial

Daniel Allen

Financial Advisor

Smith Moore & Company

Matt Conrad

Relationship Manager

Carson Wealth

Eric Behaghel

Senior Advisor

Aliter Invest

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Disclosures/Media

The foregoing information may be disseminated to shareholders via telephone, U.S. mail, e-mail, websites, and specific social media venues. It should not be construed as investment advice or as a solicitation of authority to vote your proxy. The cost of disseminating the foregoing information to shareholders is being borne entirely by the filers.

The information contained herein has been prepared from sources believed to be reliable. Still, it is not guaranteed by us as to its timeliness or accuracy, and is not a complete summary or statement of all available data. This piece is for informational purposes and should not be construed as a research report. Inspire Investing is not able to vote your proxies, nor does this communication contemplate such an event. Proxy cards will not be accepted by us. Please do not send your proxy to us. To vote your proxy, please follow the instructions on your proxy card.

If you have questions, please email Tim Schwarzenberger, Director of Corporate Engagement at Inspire Investing, at tim.schwarzenberger@inspireinvesting.com.

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Inspire Investing LLC published this content on May 16, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on May 16, 2025 at 10:02 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io